City officials announced Monday that Philadelphia's Rental Price-Fixing Ban, designed to combat alleged coordination between landlords to artificially inflate rents, is now in effect.
Minority Whip Nicolas O'Rourke, who sponsored the legislation, joined fellow council members and housing advocates Tuesday to discuss the ban and provide updates on the U.S. Department of Justice's expanded lawsuit against corporate landlords, including those with thousands of Philadelphia tenants.
The ban, unanimously passed by City Council and signed into law by Mayor Cherelle Parker on November 13, …
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City officials announced Monday that Philadelphia's Rental Price-Fixing Ban, designed to combat alleged coordination between landlords to artificially inflate rents, is now in effect.
Minority Whip Nicolas O'Rourke, who sponsored the legislation, joined fellow council members and housing advocates Tuesday to discuss the ban and provide updates on the U.S. Department of Justice's expanded lawsuit against corporate landlords, including those with thousands of Philadelphia tenants.
The ban, unanimously passed by City Council and signed into law by Mayor Cherelle Parker on November 13, comes as federal scrutiny of rental pricing practices intensifies.
In January, the Justice Department broadened its lawsuit against property management software company RealPage to include six corporate landlords with national portfolios. According to the Biden administration's Council of Economic Advisers, alleged price-fixing cost U.S. renters approximately $3.8 billion in 2023.
O'Rourke was joined by Housing Committee Chair Jaime Gauthier, Councilmember Rue Landau, tenant rights organizations and legal advocates at the Tuesday press conference.
